Europe Explained
Metsola to set out transparency plan to respond to EP scandal
The head of the European Parliament will set out a 14-point plan on Thursday to tighten within weeks rules for lawmakers on…
ECB’s Centeno: we are approaching the end of the interest rate rise process
LISBON, Jan 10 (Reuters) - European Central Bank's governing council member Mario Centeno said on Tuesday the current process of interest rate…
Goldman Sachs no longer expects recession in euro zone in 2023
Goldman Sachs said on Tuesday it expects the euro zone economy to grow by 0.6% this year, compared with its previous forecast…
ECB must step up efforts to ‘green’ monetary policy, board member says
The European Central Bank must adjust its monetary policy to make it more climate-friendly, even as it shrinks its bloated balance sheet…
EIB lends €20 million to biotech company for development of cancer treatment
The European Investment Bank (EIB), backed by the InvestEU programme, has today announced it has provided a €20 million venture debt loan…
Sakharov Prize 2022: European Parliament honours the Ukrainian People
Parliament’s 2022 Sakharov Prize was awarded to the brave People of Ukraine, in a ceremony on 14 December. They were represented by…
EP reaches deal on new rules to protect consumers from taking on too much debt
MEPs have reached a provisional deal with Council on new measures protecting consumers from credit card debt, overdrafts and loans unsuitable for…
ECB says inflation hasn’t peaked, may surprise
Euro zone inflation has not peaked and it risks turning out even higher than currently expected, European Central Bank President Christine Lagarde…
European Parliament celebrates 70th anniversary
In a ceremony in Strasbourg’s hemicycle, MEPs marked the creation of the Common Assembly of the European Coal and Steel Community in…
Euro zone banks could take big hit from inflation income drain, ECB says
Euro zone banks may see a surge in soured loans as rapid inflation and rising interest rates hit household incomes, particularly among…
ECB will probably keep raising rates beyond 2% level – Villeroy
The European Central Bank (ECB) will probably continue to raise interest rates beyond 2%, but "jumbo" rate hikes will not become a…
Energy crisis: MEPs back plans to boost the deployment of renewables
MEPs in the Industry, Energy and Research Committee shortened the maximum period to approve new installations from twelve to nine months, if…